sanjose

> The typical home value in Santa Clara County dipped from about $1.72 million in November to $1.69 million in May, according to data from real estate company Zillow. That 2% decline is nowhere near enough to erase the nearly 40% increase in the county’s home values since 2020, and other California counties have seen home values fall even further in the past six months. But the shift underscores how the cooling U.S. housing market is affecting even hypercompetitive regions such as the Bay Area.
https://www.sfchronicle.com/realestate/article/silicon-valley-home-housing-market-20386421.php?utm_campaign=trueanthem%2B3988&utm_medium=social&utm_source=bluesky

we need the housing market to crash ~40-60%. we need to see plaintive articles in the NYT about how retirements were “erased overnight.” we need sob stories about how hard they worked and pulled themselves up by the bootstraps. then the market can go up again.

Farcaster-native research: https://paragraph.xyz/@matthewb | prev. Juicebox, Nouns, RAW DAO | casting about coffee, hi-fi, and other rabbit holes

my prediction for The Big One would be either 2027 or 2032 based purely on vibes

It’s gonna crash when Boomers die but we fucked up and made everyone quit smoking and cured most cancers and figured out you don’t need to eat ten servings of bread a day and now they are gonna live forever. My parents are the only boomers who are supposed to live forever.